Chinese to shop more than Americans on Cyber Monday

While virtually scouring the web for deals on Cyber Monday 2012, shoppers should stay alert for hackers and scams while shopping online for bargains. Photo: Reuters

More consumers in China will shop online on Cyber Monday than in the U.S., UK, Germany and Japan, according to a survey by eCoupons.com/Ipsos.

Cyber Monday, one of the busiest shopping days of the year, is the Monday after Black Friday where retailers offer big discounts online.

The survey showed that 22 percent of Chinese plan to shop online on Nov. 29 versus 17 percent in the U.S.

During Cyber Monday week, from Nov. 29 to Dec. 6, 61 percent of Chinese plan to shop online versus 45 percent in the UK, 43 percent in the U.S., 37 percent in Germany and 34 percent in Japan.

In the U.S. almost half of 18-49 year olds (47 percent), as well as those with an income higher than the average (48 percent) plan to shop during Cyber Monday week. In comparison, in China, nearly two-thirds of adults aged 18-49 (60 percent) and those with an income higher than the average (64 percent) plan to shop online during Cyber Monday week.

eCoupons.com is listing over a thousand online stores with Cyber Monday sales, coupons and deals. For shoppers in China looking to take advantage of Cyber Monday sales, eCoupons.com created CyberMonday.cn with a directory of Chinese e-commerce stores and U.S. retailers that ship to China.

4) HP Home - Save up to 50 percent during the Cyber Monday Sales Event.

5) Harry & David - Save 25 percent off with exclusive coupon code.

Matthew Cheng, founder of eCoupons.com and CyberMonday.cn said, Surprisingly, there are more Cyber Monday shoppers in China than the U.S., UK, Germany and Japan. With retailers in the U.S., UK, Germany and Canada having Cyber Monday sales, this is the first time Cyber Monday has become a truly global shopping event.